Amcham says new labour policy may cause investment flight

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Amcham says new labour policy may cause investment flight
United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

New US investment could be driven away to neighbouring countries, says business chamber. FMTNews Amcham ForeignWorker

A new labour policy from Nov 1 gives preference to Malaysians over the employment of foreign workers and expatriate staff.

“This is a position for Malaysia to lose,” it said, with countries such as Indonesia, Vietnam and Singapore reaping the benefit by welcoming US investments with open arms.

 

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